Anthropic Now SpaceX's Biggest Customer

A customer who buys a third of your product is a good day at the sale barn, not a business plan. SpaceX's quarterly results show Anthropic accounted for a third of its sales last quarter, and Semafor reports that has investors worried the AI world leans on a small handful of firms. Anthropic's IPO prospectus reportedly shows almost half its revenue comes from Amazon, Google, and Microsoft. Daily Mail says the company goes public within weeks in a $1.5 trillion flotation, and asks whether shares will soar or get hit by a tech sell-off. I'd ask the same question about my hay buyer. Bridgewater put it plainly: "Concentration and acceleration are also risky in their own right." Nobody needs a consultant to tell them that, and I'm not charging for it.

“Concentration and acceleration are also risky in their own right”Bridgewater, via Semafor